Summit Funding in Georgia vs the state
5.6%Denial rate-13.60 pts vs state
8.2%Decision denial rate-16.92 pts vs state
62.5%Origination rate+8.39 pts vs state
6.88%Median rate+0.25 pts vs state
0.60Rate spread (pts)+0.33 pts vs state
$90kMedian applicant income
378Loans originated
34Denied
Trend in Georgia
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 363 | 207 | 8.5% | 7.00% | #162 |
| 2024 | 669 | 452 | 5.4% | 6.93% | #119 |
| 2025 | 605 | 378 | 5.6% | 6.88% | #136 |
What Summit Funding lends in Georgia
By loan purpose
By loan type
Why it denied Georgia applicants
Where in Georgia
Counties with the most Summit Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Walker County | 106 | 78 | 3 | 2.8% |
| Catoosa County | 96 | 62 | 0 | 0.0% |
| Whitfield County | 47 | 28 | 4 | 8.5% |
| Gwinnett County | 42 | 25 | 4 | 9.5% |
| Fulton County | 34 | 18 | 6 | 17.6% |
| DeKalb County | 31 | 16 | 3 | 9.7% |
| Cobb County | 29 | 16 | 3 | 10.3% |
| Murray County | 19 | 15 | 0 | 0.0% |
| Dade County | 15 | 6 | 2 | 13.3% |
| Barrow County | 15 | 13 | 0 | 0.0% |
Other large lenders in Georgia
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 29,845 | 18.2% | 6.63% |
| United Shore Financial Services | B | 23,784 | 12.6% | 6.25% |
| Navy Federal Credit Union | D | 12,388 | 26.4% | 7.95% |
| Truist Bank | C | 10,563 | 38.7% | 6.49% |
| Pennymac Loan Services | C | 10,273 | 11.6% | 6.49% |
| Broker Solutions | D | 9,709 | 8.6% | 6.63% |
| Mortgage Research Center | C | 9,443 | 19.8% | 6.25% |
| Freedom Mortgage | B | 9,293 | 9.1% | 6.25% |
| Bank of America | F | 9,168 | 36.5% | 6.24% |
| Ameris Bank | B | 8,065 | 10.1% | 6.50% |
Frequently asked questions
Georgia: 605 applications in 2025, of which 378 were originated and 34 denied.
5.6% of all applications, or 8.2% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.
The median rate on loans Summit Funding originated in Georgia in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are Summit Funding's own HMDA filing for properties located in Georgia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology